July 13, 2009
Credit for Merchant Account?
Joe T asked:
Do i need credit to have a merchant account? Since I don’t have credit will my rate be higher?
Do i need credit to have a merchant account? Since I don’t have credit will my rate be higher?
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Comments on Credit for Merchant Account?
When I ran a store some years ago, all we needed was a checking account for the money to be deposited into.
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Only if you want to accept credit card numbers over the net.
You could use paypal instead.
No and no. Don’t be fooled by people who tell you that. That is not true to either question. The answer is no to both.